1. Oct 22, 2001 #1
   

   momkat Member

   Is there a point on the way to collections when the interest and late payments stop accruing on
   the account. Is it different for different companies?

    

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3. Oct 22, 2001 #2
   

   rubyjean Well-Known Member

   If you work out a Settlement, as long as you keep up with the terms of it and make your payments on time.. There is no interest, you only pay payments on the amount of settlement

    

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